Instacart (Maplebear Inc.) (CART) Stock Forecast, Price Target & Predictions
CART Stock Forecast
Instacart (Maplebear Inc.) stock forecast is as follows: an average price target of $46.69 (represents a 8.53% upside from CART’s last price of $43.02) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
CART Price Target
The average price target for Instacart (Maplebear Inc.) (CART) is $46.69 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $35.00. This represents a potential 8.53% upside from CART's last price of $43.02.
CART Analyst Ratings
According to 17 Wall Street analysts, Instacart (Maplebear Inc.)'s rating consensus is 'Buy'. The analyst rating breakdown for CART stock is 0 'Strong Buy' (0.00%), 9 'Buy' (52.94%), 8 'Hold' (47.06%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Instacart (Maplebear Inc.) Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 13, 2024 | Thomas Champion | Piper Sandler | $58.00 | $31.90 | 81.82% | 34.82% |
| Nov 13, 2024 | Mark Kelley | Stifel Nicolaus | $56.00 | $31.90 | 75.55% | 30.17% |
| Nov 13, 2024 | Brian Pitz | BMO Capital | $48.00 | $31.90 | 50.47% | 11.58% |
| Nov 13, 2024 | Jason Helfstein | Oppenheimer | $60.00 | $31.90 | 88.09% | 39.47% |
| Oct 23, 2024 | Justin Post | Bank of America Securities | $50.00 | $43.97 | 13.71% | 16.23% |
| Oct 22, 2024 | Ross Compton | Macquarie | $50.00 | $42.93 | 16.47% | 16.23% |
| Oct 16, 2024 | John Colantuoni | Jefferies | $43.00 | $43.00 | - | -0.05% |
| Oct 16, 2024 | John Colantuoni | Jefferies | $45.00 | $43.00 | 4.65% | 4.60% |
| Sep 24, 2024 | Brian Nowak | Morgan Stanley | $41.00 | $40.22 | 1.94% | -4.70% |
| Sep 04, 2024 | Deepak Mathivanan | Cantor Fitzgerald | $45.00 | $33.64 | 33.77% | 4.60% |
The latest Instacart (Maplebear Inc.) stock forecast, released on Nov 13, 2024 by Thomas Champion from Piper Sandler, set a price target of $58.00, which represents a 81.82% increase from the stock price at the time of the forecast ($31.90), and a 34.82% increase from CART last price ($43.02).
Instacart (Maplebear Inc.) Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 8 | 10 | 29 |
| Avg Price Target | $51.25 | $49.60 | $45.86 |
| Last Closing Price | $43.02 | $43.02 | $43.02 |
| Upside/Downside | 19.13% | 15.30% | 6.60% |
In the current month, the average price target of Instacart (Maplebear Inc.) stock is $51.25, according to 8 Wall Street analysts offering twelve months forecast. The average price target represents a 19.13% increase as opposed to Instacart (Maplebear Inc.)'s last price of $43.02. This month's average price target is up 3.33% compared to last quarter, and up 11.75% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Macquarie | Outperform | Outperform | Hold |
| Oct 16, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Oct 16, 2024 | Jefferies | - | Hold | Initialise |
| Sep 24, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 23, 2024 | Raymond James | - | Market Perform | Initialise |
| Sep 23, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Sep 04, 2024 | Cantor Fitzgerald | - | Overweight | Initialise |
| Aug 14, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Aug 08, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 07, 2024 | Macquarie | Outperform | Outperform | Hold |
Instacart (Maplebear Inc.)'s last stock rating was published by Macquarie on Oct 22, 2024. The company gave CART a "Outperform" rating, the same as its previous rate.
Instacart (Maplebear Inc.) Financial Forecast
Instacart (Maplebear Inc.) Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $1.06B | $993.42M | $970.07M | $971.64M | $968.64M | $920.32M | $898.68M | $893.89M | $890.82M | $844.03M | $806.35M | $794.08M | $804.62M | $736.91M |
| High Forecast | $1.06B | $993.42M | $970.07M | $971.64M | $968.64M | $920.32M | $898.68M | $893.89M | $890.82M | $864.87M | $806.35M | $794.08M | $810.26M | $760.03M |
| Low Forecast | $1.06B | $993.42M | $970.07M | $971.64M | $968.64M | $920.32M | $898.68M | $893.89M | $890.82M | $829.82M | $806.35M | $794.08M | $790.73M | $720.43M |
| # Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 3 | 6 | 15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Instacart (Maplebear Inc.)'s average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. CART's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).
Instacart (Maplebear Inc.) EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 3 | 6 | 15 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-363.61M | $-340.69M | $-332.68M | $-333.22M | $-332.19M | $-315.62M | $-308.20M | $-306.55M | $-305.50M | $-289.45M | $-276.53M | $-272.32M | $-275.94M | $-252.72M |
| High Forecast | $-363.61M | $-340.69M | $-332.68M | $-333.22M | $-332.19M | $-315.62M | $-308.20M | $-306.55M | $-305.50M | $-284.58M | $-276.53M | $-272.32M | $-271.18M | $-247.07M |
| Low Forecast | $-363.61M | $-340.69M | $-332.68M | $-333.22M | $-332.19M | $-315.62M | $-308.20M | $-306.55M | $-305.50M | $-296.60M | $-276.53M | $-272.32M | $-277.87M | $-260.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
undefined analysts predict CART's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Instacart (Maplebear Inc.)'s previous annual EBITDA (undefined) of $NaN.
Instacart (Maplebear Inc.) Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 3 | 6 | 15 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $151.04M | $117.48M | $98.78M | $136.21M | $122.51M | $95.93M | $81.07M | $91.92M | $90.60M | $62.64M | $37.53M | $-6.69M | $-21.38M | $-221.96M |
| High Forecast | $151.04M | $117.48M | $98.78M | $136.21M | $122.51M | $95.93M | $81.07M | $91.92M | $90.60M | $76.87M | $37.55M | $-6.69M | $-13.36M | $1.03M |
| Low Forecast | $151.04M | $117.48M | $98.78M | $136.21M | $122.51M | $95.93M | $81.07M | $91.92M | $90.60M | $34.17M | $37.52M | $-6.69M | $-26.72M | $-386.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Instacart (Maplebear Inc.)'s average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. CART's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Instacart (Maplebear Inc.) SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 3 | 6 | 15 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $778.28M | $729.22M | $712.07M | $713.22M | $711.02M | $675.56M | $659.67M | $656.16M | $653.90M | $619.56M | $591.89M | $582.89M | $590.63M | $540.93M |
| High Forecast | $778.28M | $729.22M | $712.07M | $713.22M | $711.02M | $675.56M | $659.67M | $656.16M | $653.90M | $634.86M | $591.90M | $582.89M | $594.77M | $557.90M |
| Low Forecast | $778.28M | $729.22M | $712.07M | $713.22M | $711.02M | $675.56M | $659.67M | $656.16M | $653.90M | $609.12M | $591.89M | $582.89M | $580.43M | $528.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Instacart (Maplebear Inc.)'s average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to CART last annual SG&A of $NaN (undefined).
Instacart (Maplebear Inc.) EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 13 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 16 | 8 | 3 | 6 | 15 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $0.53 | $0.41 | $0.35 | $0.48 | $0.43 | $0.34 | $0.28 | $0.32 | $0.32 | $0.22 | $0.13 | $-0.02 | $-0.07 | $-0.78 |
| High Forecast | $0.53 | $0.41 | $0.35 | $0.48 | $0.43 | $0.34 | $0.28 | $0.32 | $0.32 | $0.27 | $0.13 | $-0.02 | $-0.05 | - |
| Low Forecast | $0.53 | $0.41 | $0.35 | $0.48 | $0.43 | $0.34 | $0.28 | $0.32 | $0.32 | $0.12 | $0.13 | $-0.02 | $-0.09 | $-1.35 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
According to undefined Wall Street analysts, Instacart (Maplebear Inc.)'s projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to CART previous annual EPS of $NaN (undefined).